The unique challenges facing family businesses.
9/8/2003
Think running a Fortune 500 company is difficult? Hey, just try firing your Aunt Edna from the family business and see what real pain is. This edited volume provides a wealth of insight and wisdom into issues encountered by principals of the family-run business. On the subject of succession, for example, there are contributions on the unique challenges encountered by daughters, clashes between fathers and sons, and "pushing parents into succession." Other chapters reflect on conflict resolution, organizational challenges, rivalries, marital matters, and dispute resolution. A must-read for the family CEO. (See also our series on the family business, Family Matters.)